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Bravura CEO Russell to step down

Bravura/financial-planning-software/

Bravura chief executive Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.

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Younger advised clients sitting top of buyers’ wishlist

financial-advice/selling/M&A/Radar-Results/

Financial advice businesses with a younger, wealthier client base are enjoying higher valuations and increased attention from potential buyers than those with older clients.

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How have adviser numbers fared under Labor?

Wealth-Data/adviser-numbers/election/federal-election/

With the federal election just days away, how have adviser numbers changed over the last three years of the Labor government?

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FSCP reviews adviser’s CPD breach

FSCP/ASIC/CPD/enforcement/financial-advice/

The Financial Services and Credit Panel has made a decision regarding an adviser who failed to complete their continuing professional development.

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Spectrum offering boosts Praemium FUA

praemium/platform/

The newly launched high-net-worth offering, Spectrum, has boosted funds under administration at platform Praemium, rising to $62.3 billion.

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Clime IM sets groundwork for retail approach

Clime-Investment-Management/funds-management/financial-advice/

Clime Investment Management has enacted a range of growth initiatives to boost the firm’s reach with wholesale investors and a new approach targeting the retail market.

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GDG joins ASX 200 as growth pipeline delivers

Generation-Life/ASX-200/

Generation Development Group, parent of Generation Life, has entered the ASX 200, having grown its funds under management to almost $4 billion.

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Advice firm penalised $11m over ‘cookie cutter’ advice

ASIC/court/

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rules.

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Relative Return Insider: One last word – Jones on advice, reform, and what comes next

Podcast/Relative-Return/

In this week’s special edition of Relative Return Insider, we bring you outgoing Financial Services Minister Ste

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Manager selection a ‘critical risk’ in private markets

lonsec/private-markets/private-credit/private-equity/

Lonsec and SQM Research have highlighted manager selection as a crucial risk for financial advisers when it comes to private market investments, particularly due to the clear performance dispersion.

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